Close Menu
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
Facebook X (Twitter) Instagram
Gazet International – Global Magazine
AWARD NOMINATION
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
You are at:Home » Hacker forum alleges UnitedHealth paid $22 million for data recovery
Technology

Hacker forum alleges UnitedHealth paid $22 million for data recovery

Gazet InternationalBy Gazet InternationalMarch 5, 2024Updated:January 24, 20252 Mins Read
Facebook Twitter LinkedIn
Share
Facebook Twitter LinkedIn

Two experts assert that UnitedHealth Group (UNH.N) paid $22 million to regain access to data and systems encrypted by the “Blackcat” ransomware gang. The claim surfaced in a post on a hacker forum widely frequented by cybercriminals.

UnitedHealth Group

The purported ransom payment has not received responses from either UnitedHealth or the involved hackers. However, on Monday, a bitcoin tracing service partially confirmed the story.

Large corporations targeted by ransomware gangs rarely choose to pay hackers to regain control of their networks. This is especially true when there has been a significant disruption to customers and partners.

The forum post, dated Sunday, stated that a Blackcat partner was responsible for the infiltration into UnitedHealth. The partner allegedly sent a message that included a link. The link indicated that someone had transferred approximately 350 bitcoins, currently worth around $23 million as the cryptocurrency’s value climbs, from one digital currency wallet to another.

The owner or owners of the various wallets remain publicly unknown. However, blockchain analysis firm TRM Labs has revealed that the funds’ destination is “associated with AlphV,” also known as Blackcat. TRM Labs has observed the address being used to collect ransom payments from other AlphV victims.

When asked if it had paid the ransom, UnitedHealth simply stated that it was “focused on the investigation and recovery.”

Blackcat has yet to react to multiple messages from Reuters delivered over many days. Reuters could not immediately find contact information for the alleged partner hacker group or access the cybercrime site where the post was published. However, the news agency managed to view screenshots separately obtained by two researchers, including Dmitry Smilyanets from Recorded Future.

The break-in at UnitedHealth’s Change Healthcare unit, which has caused widespread inconvenience, has piqued online interest. Blackcat claimed last week that it had stolen millions of sensitive records in the hack, but then deleted the post without explanation.

Meanwhile, the suffering has extended throughout the US medical system, with Change Healthcare’s billing services still immobilized. The American Medical Association requested the Biden administration on Monday to provide emergency funds to physicians affected by the outage.

Click here for more news on Technology.

Source
#AlphV #bitcoin #BitcoinTracing #Blackcat #blockchain #cryptocurrency #CYBERSECURITY #cyberthreats #data #databreach #GAZETINTERNATIONAL #GI #GIAWARDS #hacking #intelligence #ransomware #TECHNOLOGY #techsecurity #UnitedHealth
Share. Facebook Twitter LinkedIn
Previous ArticleBYD releases new version of best-selling EV at a lower price
Next Article JetBlue and Spirit Airlines have canceled their $3.8 billion merger due to antitrust challenges

Related Posts

Brazil formally delists the UAE from its preferential tax regime roster.

June 5, 2025

Oman’s CBO formally authorizes digital banks.

June 5, 2025

Trade concerns and economic reports are causing the dollar to decline.

June 5, 2025
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
Don't Miss

Big Idea Ventures and Mars Petcare Launch 2025 Global Pet Food Innovation Program in Collaboration with AAK, Buhler, and Givaudan​

Too Much AI Control Now can be a Risky Business

Astral Foundation Plants 10,000 Trees on the World Environment Day​

From Cartons to Community Parks: Mumbai Launches Citywide Recycling Relay on World Environment Day​

Recent Posts
  • Big Idea Ventures and Mars Petcare Launch 2025 Global Pet Food Innovation Program in Collaboration with AAK, Buhler, and Givaudan​
  • Too Much AI Control Now can be a Risky Business
  • Astral Foundation Plants 10,000 Trees on the World Environment Day​
  • From Cartons to Community Parks: Mumbai Launches Citywide Recycling Relay on World Environment Day​
  • Responsible Human Behaviour Needed to Protect Animals, says World Animal Protection on World Environment Day​
Recent Comments
    Archives
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • October 2023
    • September 2023
    • January 2021
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    About

    GAZET INTERNATIONAL


    Gazet International Magazine is a global entity that works towards providing latest information and news updates of the world. It entraps latest stories in banking, finance, lifestyle and various beats of the world. We engage in recognizing and rewarding the global organizations for their achievements in various fields and deliver justice to the nominees with valued identification and recognition of companies that indulge in the Gazet Award Ceremony.

    Facebook X (Twitter) Instagram YouTube LinkedIn
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Latest posts
    Press Release

    TVS Motor Announces Sudarshan Venu as Chairman of the Company Effective August 25, 2025​

    June 5, 2025
    Business

    Growth in the UAE’s non-oil business sector decelerated to a 4-year low, the PMI indicates.

    June 5, 2025
    Press Release

    Jannat Zubair & Shivangi Joshi’s Dreamy Summer Getaway Guide to Bali with Airbnb​

    June 5, 2025
    Press Release

    Jannat Zubair & Shivangi Joshi’s Dreamy Summer Getaway Guide to Bali with Airbnb​

    June 5, 2025
    Previous 1 2 3 4 5 6 … 804 Next
    Official Partner

    7ITS NEWS

    Copyright © 2025. Gazet International

    Type above and press Enter to search. Press Esc to cancel.